Light & Wonder Inc (LNW)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,183,000 | 1,279,000 | 1,289,000 | 1,340,000 | 1,311,000 | 1,720,000 | 1,735,000 | 1,762,000 | 1,694,000 | 2,048,000 | 1,748,000 | 1,756,000 | 1,732,000 | 1,921,000 | 2,017,000 | 2,108,000 | 2,181,000 | 2,271,000 | 1,932,000 | 1,496,000 |
| Total current liabilities | US$ in thousands | 735,000 | 680,000 | 696,000 | 677,000 | 696,000 | 619,000 | 577,000 | 642,000 | 622,000 | 802,000 | 1,254,000 | 927,000 | 974,000 | 844,000 | 780,000 | 868,000 | 832,000 | 847,000 | 1,085,000 | 735,000 |
| Current ratio | 1.61 | 1.88 | 1.85 | 1.98 | 1.88 | 2.78 | 3.01 | 2.74 | 2.72 | 2.55 | 1.39 | 1.89 | 1.78 | 2.28 | 2.59 | 2.43 | 2.62 | 2.68 | 1.78 | 2.04 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,183,000K ÷ $735,000K
= 1.61
The current ratio of Light & Wonder Inc has exhibited fluctuations over the periods specified in the data. The current ratio, which measures the company's ability to cover its short-term obligations with its current assets, stood at 2.04 as of March 31, 2020, indicating a healthy liquidity position. However, this ratio decreased to 1.78 by June 30, 2020, and experienced further fluctuations in subsequent periods.
The ratio increased to 2.68 by September 30, 2020, and remained relatively stable around the 2.5 range for the following quarters. Notably, there was a decline in the current ratio to 1.39 by June 30, 2022, signaling potential liquidity challenges during that period. The ratio fluctuated thereafter, reaching a peak of 3.01 on June 30, 2023, before settling at 1.61 by December 31, 2024.
Overall, the trend in Light & Wonder Inc's current ratio indicates varying levels of liquidity and the company's ability to meet short-term obligations with its current assets. Investors and stakeholders should monitor these fluctuations to assess the firm's financial health and liquidity management strategies effectively.
Peer comparison
Dec 31, 2024